Finnish Agriculture Embraces More Capitalism

Agriculture in Finland is becoming more market driven. What will that mean? Fluctuation in prices, more so than with current EU and Finland subsidies and quotas, but better efficiency. Competition will mean fewer farms.  The reason for the changes is because profitability continues to be poor despite strong spending by the government. The return on investment for taxpayer spending has been negative on average for the last 10 years. In 2011 in Finland, it was the third weakest in the EU, at -1.1 per cent.  The brunt of that inefficiency is small farms kept going only because of subsidies. Half of the farms in Finland produce only 5 percent of the food. read more

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